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Question 18 (TVM) (Marks: 2) Alexinvests $6,000 in an investment project, which gives him 5.5% (compounded quarterly) per year. How many trimesters (=four months periods)

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Question 18 (TVM) (Marks: 2) Alexinvests $6,000 in an investment project, which gives him 5.5% (compounded quarterly) per year. How many trimesters (=four months periods) will it take for Alex to quadruple his investment? Select one: a. 75.79 b. 78.68 c. 25.38 d. 25.89 e. 101,51 f. 103.57 . 61.94 .76.13

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